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This study examines economic development in India and China over the past few decades, in which the former stagnated and the latter grew exponentially. The authors argue that the economic "shock therapy" adopted by India, which China avoided, explains much of the difference.

Produktbeschreibung
This study examines economic development in India and China over the past few decades, in which the former stagnated and the latter grew exponentially. The authors argue that the economic "shock therapy" adopted by India, which China avoided, explains much of the difference.
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Autorenporträt
Dipak Basu is professor emeritus of economics at Nagasaki University. Victoria Miroshnik is professor of management at Reitaku University.